MGP Ingredients (MGPI) Tops Q4 EPS by 24c

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MGP Ingredients Reports Record Fourth Quarter and Full Year 2021 Results

February 24, 2022 7:30 AM EST

Full year consolidated sales increased 58.5% from prior year period

Full year operating income increased 133.0%

ATCHISON, Kan., Feb. 24, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits and specialty food ingredients, today reported results for the fourth quarter and full year ended December 31, 2021.

2021 fourth quarter consolidated results compared to 2020 fourth quarter

Sales increased 65.3% to $166.8 million, as a result of sales growth in each of the reporting segments.Gross profit increased 66.3% to $52.8 million, representing 31.6% of... More

MGP Ingredients Declares $0.12 Quarterly Dividend

February 24, 2022 7:25 AM EST

ATCHISON, Kan., Feb. 24, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock.

The dividend is payable on March 25, 2022 to stockholders of record as of March 11, 2022.

About MGP Ingredients, Inc.

MGP Ingredients, Inc. (Nasdaq: MGPI) is a leading producer of premium distilled spirits, branded... More

MGP Ingredients Declares $0.12 Quarterly Dividend

February 24, 2022 7:25 AM EST

ATCHISON, Kan., Feb. 24, 2022 (GLOBE NEWSWIRE) -- MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of distilled spirits, branded spirits, and food ingredient solutions, today announced that its board of directors has declared a quarterly dividend of $0.12 cents per share of common stock.

The dividend is payable on March 25, 2022 to stockholders of record as of March 11, 2022.

About MGP Ingredients, Inc.

MGP Ingredients, Inc. (Nasdaq: MGPI) is a leading producer of premium distilled spirits,... More

MGP to Build New $16.7 Million Extrusion Plant Inside Recently Acquired Production Facility

February 22, 2022 9:30 AM EST

ATCHISON, Kan., Feb. 22, 2022 /PRNewswire/ -- MGP Ingredients, Inc., (Nasdaq: MGPI) a leading provider of specialty proteins and starches, announced it will build a technologically advanced extrusion plant to produce its ProTerra line of texturized proteins. The new plant will be located adjacent to the company's existing Atchison, Kansas, plant. Once online in late 2023, the new extrusion plant is expected to produce up to 10 million pounds of ProTerra per year.

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